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Insurance
Specialist insurer Markel Canada has acquired the entire business of managing general agent (MGA) Allsport Insurance Marketing after recently buying the remaining 50 percent that it did not already own. 7 April 2017
Insurance
Willis Towers Watson, a broker and advisory firm, reported an attributable net income of $312 million for 2016, down from $640 million in the previous year. 9 February 2017
Insurance
Probitas 1492, an underwriting syndicate at Lloyd’s, has appointed Charles Boorman to lead its financial lines team. 20 June 2016
Insurance
African reinsurer One Re has appointed Nicholas Davenport as chairman of its board with immediate effect, succeeding Gilles Bonvarlet who has stepped down from the role. 6 April 2017
Insurance
Against a backdrop of a deteriorating rating environment, overcapacity and downturn in the industry, the energy insurance market continue to face its lowest rating environment in several decades, according to the latest quarterly Energy report from Lloyd & Partners. 6 April 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 26 that it reported a net loss attributable to shareholders of $250.4 million for the three months ended September 30, 2017. 27 October 2017
Insurance
Reinsurance Group of America (RGA) said on Oct. 26 that it reported third-quarter net income of $227.6 million, up from $198.7 million in the same period a year ago. 27 October 2017
Insurance
The Talanx Group which includes Hannover Re and HDI said on Oct. 27 that large losses in the first 9 months of 2017 have exceeded the full year budget and that it expects to report a loss in the third quarter. 27 October 2017
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has expanded its specialty portfolio with the launch of a global construction division. 20 July 2017
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